Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl

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Equity
Direct
Large & Mid- Cap

NAV: ₹ 68.4 as on 29-09-2023

Fund Performance
zero opening, trading, fund transfer fee
162 people have invested ₹ 2.9L in Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl in the last three months

About the Fund

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit Jain, Neelesh Surana. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl has ₹28439 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
  2. The fund has an expense ratio 0.7.

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl Overview

Expense ratio
Expense ratio
0.67%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹28439 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
52.08%

Fund Distribution as on (31-Aug-23)

  • Equity 98.5%

  • Debt & Cash 1.5%

Size breakup

Large cap
50.7%
Mid cap
37.5%
Small cap
10.4%

Sector Allocation

Aug'23

Jul'23

Jun'23

Financial Services

32.4%

Consumer Cyclical

14.9%

Basic Materials

9.8%

Industrial

9.7%

Health

9.1%

Tech

8.1%

Utilities

5.1%

Consumer Defensive

4%

Communication

3.3%

Energy

2.6%

Real Estate

1%

Top Holdings of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl as on (31-Aug-23)

  • Equity

  • Debt & Cash

Equity Holdings78
Debt Holdings1

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl: Monthly Changes Updates

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
1.54%
4.08%
5.27%
Nifty 500
-0.74%
3.21%
4.25%
  • This fund’s returns stands at 1.54% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
  • This fund outperformed Nifty 500 by 2.28% in Aug'23

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 28.4K Cr
₹ 27.9K Cr
₹ 26.7K Cr
  • AUM of the fund stands at 28.4K Cr as of Aug'23
  • AUM increased by 491 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Gainers & Losers in Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl portfolio Returns for the month of Aug

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl Fund Manager

Ankit Jain

Ankit Jain

Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 31 January 2019
Neelesh Surana

Neelesh Surana

Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 9 July 2010

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 21.98% since inception which is more than its category average return of 15.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.55% in Equity, 0% in Debt and 1.45% in Cash related instruments
AUM size ₹28439 Cr

AUM size ₹28439 Cr

This fund has AUM of ₹28439 Cr which is more than its category average of ₹ 5316 Cr
Expense Ratio 0.67%

Expense Ratio 0.67%

This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is ₹68.39 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.93%
2.93%
6 Month Returns
24.19%
24.19%
1 Year Returns
20.93%
20.93%
3 Years Returns
99.29%
25.84%
5 Years Returns
132.07%
18.34%
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0.67% as on August 2023
₹28439 Cr as on August 2023
HDFC Bank Ltd(6.81%), ICICI Bank Ltd(4.61%), State Bank of India(3.92%), Axis Bank Ltd(2.98%), Reliance Industries Ltd(2.58%) as on August 2023
Financial Services(31.91%), Consumer Cyclical(14.66%), Basic Materials(9.61%) as on August 2023
The alpha ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
-0.92
0.13
2.28
As on August 2023
The alpha for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
0.94
0.89
0.93
As on August 2023
The Beta for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
0.69
1.34
0.62
As on August 2023
The sharpe ratio for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
10.76
13.52
19.19
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.87 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ankit Jain, Neelesh Surana are the fund managers of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
The Exit load of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is 1%